R. Marc Hamid, a 46-year-old co-owner of Skybox on Sheffield, has been indicted by a federal grand jury on charges of defrauding the Cubs and tax authorities out of $600,000 from 2008 to 2011, prosecutors announced Friday.

Editor's note: Today we're introducing a new feature to AthleticBusiness.com, The AB Extra. Each Friday this space will feature news, notes and interesting articles from around the web in a quick, concise format. We hope you enjoy this first edition of the The AB Extra.

PORT CHARLOTTE - New baseball commissioner Rob Manfred said Thursday morning the biggest issue facing the Tampa Bay Rays is the need for a new ballpark that would attract more fans and generate a bigger revenue stream.

Within minutes of Wednesday's raucous public celebration of Major League Soccer's move into Minnesota, the league's commissioner said the expansion decision isn't final until a plan for a dedicated soccer stadium is secure.

Tumbleweeds might as well have rolled down the 405 freeway that runs through this city as far as the NFL was concerned for the last two decades. But suddenly the city that seemed an afterthought is being touted by the league as ... The gateway to Asia.